Box broke out as well as the trendline / possible formation of triangle also in a way Targets as seen on chart T1 being a resistance at 57 levels T2 being top of triangle / trendline
New support identified, and if it stays on an uptrend over the next two days, $GRWG is a buy at $47 on its way to test the recent resistance at $55 which should be a solid 17% gain, more with options. I used a Renko chart here to clean it up and more clearly show the support and resistance levels. I'm still learning, but I certainly love how clean and easy that chart is!
This is not trading advice interpret this idea at your own risk . I see GRWG creating a support here and continue up
Video breakdown on $GRWG after a successful Earnings and a raised price target.
Too tired to make this detailed please do due diligence prior to entry, I will update PRZ zone, trigger + you guys know the rules. Please do not say i only post updates:) I saw it in deep dive video i am doing and posted it, hope it helps
$GRWG Target 62.79 for 26.57% Or next add level is at 36.43 Double Bottom?? — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my...
$GRWG Target 62.79 for 26.57% Or next add level is at 36.43 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first...
It's bound to go whichever way it breaks this triangle, but I'm thinking up!
Looks like a nice setup for a quick play, with nice .618 bounce and some seemingly easy diagonals. I don't see a triangle formation, but the lines are there. Many different patterns possible here. Initial wave looks like a 5 wave move, but alternatively labelled as WXY. Nice .618 bounce, suggesting that we could see bullish continuation. I'm leaning to a C wave...
GRWG testing confluence support at log trendline and range level after guiding FY21 revs and EBITDA in-line and announcing acquisition of garden supply center in Michigan.
$GRWG DAILY Chart Holding uptrend line forming recent higher lows, possible reclaim of 50/ 20 day ema, 4/20 weed pump, marijuana legalization?
No position yet, sub $40 this thing is a strong buy IMO. It'll go through some churn this summer if the market re-prices, but then off to the races. Dips are an opportunity to put capital to work here, options for the pot stocks themselves. Grow Gen debt something to watch out for. New Mexico just legalized, the U.S. is hard & fast going to press the federal...
$GRWG Setting up with a Symmetrical Triangle here on the daily. It has been holding around $50 for a week and today got a huge pop and is up over 12% for the day. Now slammed up against resistance I do think if we can Gap up above $56 we could see a retest of that resistance turned support and solid continuation to the upside especially with Cannabis News BOOMING!...
A short analysis here of GRWG . We can see the formation of quite a bit of bullish activity- developing since Feb 2021 and earlier. The targets here are a result of multiple bullish harmonic patterns- culminating to create this deep bearish crab pattern. If the pattern completes we shall see quite a bit on gains about 40% as of the publishing of this analysis. Id...
Although widely considered a Cannabis play, IMO the hobby indoor garden space has big potential. From a source of food to a source of Zen... Plants, regardless of their level of cannabinoids, can be very beneficial. Almost akin to pets. Fostering health and physical well being. Even providing for psychological needs, like being a provider, accomplishment, even...